A loan of $925 helped a member to purchase livestock.

Gulmira's Group's story

Gulmira, 29, is the leader of this group. She is a resident of Tashkomur, a small mining town in the south of Kyrgyzstan. Her husband went to work in Russia to make money. Gulmira takes care of two children, both of whom are preschool age (under seven).

In order to earn additional money the family breeds livestock, fattens it and then resells it at a higher price. At the moment Gulmira's brother helps in running the business. Reselling livestock after fattening they earn an additional 5000 Kyrgyzstani soms per month.

With money received from the loan Gulmira wants to purchase more livestock for breeding. In the future Gulmira wants to give her children a good education.

---Where Did This Loan Come From?---

This loan is brought to you by Mol Bulak Finance (MBF), a young, ambitious and socially-focused Microfinance Institution in Kyrgyzstan.

MBF is strongly committed to the principles of sustainable development and upholds the triple bottom line–People (building human capital and taking care of its customers as well as society), Planet (keeping environmentally friendly) and Profit (earning revenue to expand autonomously). MBF is the only Microfinance Institute in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about MBF and view a video presentation about the organization, please visit: http://www.kiva.org/about/aboutPartner?id=135

If you would like to support and learn more about Kyrgyzstan and microfinance in Central Asia, please join our Lending Team-Supporters of Kyrgyzstan–Mol Bulak Finance at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from Kiva Fellows in Kyrgyzstan and from the MBF staff.

In this group: Gulmira, Aichurek, Bahtibek

Loan details

Lenders and lending teams

Loan details